• Top Stock Brokers in India ‐ Reviews, Comparison and Offers
Check reviews of other Share brokers

ProStocks vs Zerodha (Compare ProStocks and Zerodha)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between ProStocks vs Zerodha, Below comparison of ProStocks vs Zerodha highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of ProStocks vs Zerodha is given below:

ProStocks Zerodha
About The Brokers
ProStocks :

Prostocks is an online discount broker. They are well known for their unlimited monthly trading plan for Rs 899, a lifetime-free AMC demat account, and the lowest cost trading API. They also offer fla   >>> more

Zerodha :

Zerodha is the innovator of the discount broking model in India, Infect, it brought the concept of discount broking in India and post that    >>> more

Find More Information about the Broker :
ProStocks :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Zerodha :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
ProStocks :
 Discount Broker
Zerodha :
 Discount Broker
Promo/offers
ProStocks :
Special Offer: Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today.
Zerodha :
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.
Advantage
ProStocks :
  • Rs 15 flat-fee trades.
  • Monthly & Yearly Unlimited Trading Plan to offer.
  • Own DP services.
  • Lowest call & Trade charges Rs.10 per trade. Delivery: Rs 25 per trade.
  • Instant paperless online account opening with AADHAR.
  • Zero Professional Clearing Members (PCM) Fee - Unlike all other flat fee brokers ProStocks do not charge PCM Fee.
  • Free trading software (mobile, desktop and website) for all customers.
  • Online IPO Application - You can apply for new IPOs (Initial Public Offerings) directly with a ProStocks account.
  • Zero Demat account AMC when you pay one time refundable deposit of Rs 1000
  • Referral Service - ProStocks offer 10% brokerage referral for customer referred by the client.
Zerodha :
  •  No Brokerage on Equity delivery & Mutual Fund.
  •  Flat rate for stock trading.
  •  Own DP services.
  •  Strong Customer service .
  •  Good Brokerage & Margin Calculator.
  •  Offers up to 20x leverage on intraday trading.
  •  Offers most advanced online trading tools.
  •  Offers facility to apply on-line IPO .
  •  Zerodha offers referral program to its customers.
Disadvantage
ProStocks :
  • ProStocks doesn't offer 3-in-1 account as they do not offer banking services.
  • Opportunity to invest in Mutual Funds.
  • commodity trading facility is not available.
  • You will not get any research tips as there is no in-house team
  • Only BSE SME IPOs are allow. NSE SME IPOs are not available.
Zerodha :
  •  No margin funding.
  •  Very High charges on Call and Trade @ ₹50 per call.
  •  Charges on Funds Transfer @ ₹9 per fund transfer.
  •  Charges on SMS Tradw alerts.₹1 for Equity, F&O, and Currency trade alerts and ₹0.50 for Commodity
  •  Additional charge of ₹50 per executed order for MIS/BO/CO positions which are not square off by the customer.
  •  Doesn't provide stock tips, research reports or recommendations.
  •  Doesn't offer Unlimited Trading Plans.
Why This
ProStocks :
  • Various option on Brokerage Plans to select from depending on your trading requirements. You can Choose from
    • Flat Rs 15 per order
    • Monthly unlimited trading plans.
    • Yearly unlimited trading plans.
  • One of the most affordable calls & trading charges.
  • Give you the opportunity to earn through the referral program.
  • You need not to pay in case you are not trading in any month.
  • Even though Protock is the discount broker, you get option choosing from the various trading plan.
  • It provides you with DP service as well.
Zerodha :
  •  Zerodha Charge flat rate of ₹20 per executed order.
  •  Zerodha does not charge any brokerage on Equity delivery transactions.
  •  Zerodha provides platform to invest in mutual funds.
  •  Innovative trading platform.
  •  No upfront fee, no minimum brokerage and no minimum contract charges.
  • The largest stockbroker by active clients, market volume.
  • Zero brokerage Direct Mutual Funds. 
  • Offers up to 20x leverage on intraday trading. 
Open Account Open Account

ProStocks vs Zerodha Account Opening & AMC Charges

ProStocks Trading Account Opening Fee is Rs 0 and Zerodha Trading Account Opening Fee is Rs 200 . ProStocks Demat Account AMC is Rs 0 (Lifetime Zero AMC) and Zerodha Demat Account AMC is Rs 300 .

ProStocks Zerodha
Trading Account Opening Fee Trading Account Opening Fee :

Rs 0

Trading Account Opening Fee :

Rs 200

Demat Account Opening Fee Demat Account Opening Fee :

Rs 0 (Free)

Demat Account Opening Fee :

Rs 0

Demat Account AMC Demat Account AMC :

Rs 0 (Lifetime Zero AMC)

Demat Account AMC :

Rs 300

Trading Account AMC Trading Account AMC :

Rs 0

Trading Account AMC :

Rs 0 (Free)

Open Account Open Account

ProStocks vs Zerodha Brokerage Charges

ProStocks Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Rs 15 per executed order and Equity Options is Rs 15 per executed order . Zerodha Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Rs 20 per executed order or .03% whichever is lower and Equity Options is Rs 20 per executed order .

ProStocks Zerodha
Plan Name Plan Name :

Monthly Unlimited Trading Plan

Plan Name :

Flat Fee Plan
(₹15 per executed order)

Plan Name :

Standard Plan

Equity Delivery Equity Delivery :

Rs 0 (Free)

Equity Delivery :

Rs 0 (Free)

Equity Delivery :

Rs 0 (Free)

Equity Intraday Equity Intraday :

Rs 0 (Free)

Equity Intraday :

Rs 15 per executed order

Equity Intraday :

Rs 20 per executed order or .03% whichever is lower

Equity Future Equity Future :

Rs 0 (Free)

Equity Future :

Rs 15 per executed order

Equity Future :

Rs 20 per executed order or .03% whichever is lower

Equity Options Equity Options :

Rs 0 (Free)

Equity Options :

Rs 15 per executed order

Equity Options :

Rs 20 per executed order

Currency Futures Currency Futures :

Rs 0 (Free)

Currency Futures :

Rs 15 per executed order

Currency Futures :

Rs 20 per executed order or .03% whichever is lower

Currency Options Currency Options :

Rs 0 (Free)

Currency Options :

Rs 15 per executed order

Currency Options :

Rs 20 per executed order or .03% whichever is lower

Monthly Fee Monthly Fee :

Equity :₹899/month, Currency : ₹499/month

Monthly Fee :

NA

Monthly Fee : -
Margin Trading Margin Trading :

NA

Margin Trading :

NA

Margin Trading :

Rs 20

Commodity Futures Commodity Futures :

NA

Commodity Futures :

NA

Commodity Futures :

Rs 20 per executed order or .03% whichever is lower

Commodity Options Commodity Options :

NA

Commodity Options :

NA

Commodity Options :

Rs 20 per executed order or .03% whichever is lower

Open Account Open Account

ProStocks vs Zerodha Exchange Transaction Charges

ProStocks Exchange Transaction Charges Equity Future is NSE Rs 200 per Cr (0.002%) | BSE Rs 50 per Cr (0.0005%) and Equity Options is NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium) . Zerodha Exchange Transaction Charges Equity Future is NSE Rs 200 per Cr (0.002%) and Equity Options is NSE Rs 5300 per Cr (0.053%) (on premium) .

ProStocks Zerodha
Equity Delivery Equity Delivery :

NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Delivery :

NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Intraday Equity Intraday :

NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Intraday :

NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Future * Equity Future :

NSE Rs 200 per Cr (0.002%) | BSE Rs 50 per Cr (0.0005%)

Equity Future :

NSE Rs 200 per Cr (0.002%)

Equity Options * Equity Options :

NSE Rs 5300 per Cr (0.053%) | NSE Rs 2500 per Cr (0.025%) (on premium)

Equity Options :

NSE Rs 5300 per Cr (0.053%) (on premium)

Currency Futures * Currency Futures :

NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)

Currency Futures :

NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)

Currency Options Currency Options :

NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)

Currency Options :

NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)

Commodity Commodity : - Commodity :

Group A - Rs 260 per Cr (0.0026%)

Open Account Open Account

ProStocks vs Zerodha Other Charges

ProStocks Minimum Brokerage is Rs 0 and Call & Trade is Rs 0 (Free) . Zerodha Minimum Brokerage is 0.03% in Intraday and F&O and Call & Trade is Rs 50 per executed order .

ProStocks Zerodha
Minimum Brokerage Minimum Brokerage :

Rs 0

Minimum Brokerage :

0.03% in Intraday and F&O

Call & Trade Call & Trade :

Rs 0 (Free)

Call & Trade :

Rs 50 per executed order

Stamp Duty * Stamp Duty : - Stamp Duty : -
DP Charges (on sell side) DP Charges (on sell side) :

₹20 per scrip for equity delivery trade+18% GST

DP Charges (on sell side) :

₹13.5 per scrip

Other Miscellaneous Charges Other Miscellaneous Charges : - Other Miscellaneous Charges :

Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS

Open Account Open Account

ProStocks vs Zerodha Features

ProStocks and Zerodha both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

ProStocks Zerodha
Trading Platform Trading Platform :

ProStocks Star Mobile, ProStocks Star Web, ProStocks Star API

Trading Platform :

Kite Web, Kite Mobile for Android/iOS and Coin

Placing orders through charts Placing orders through charts :

Yes

Placing orders through charts :

Yes

Trading Alerts Trading Alerts :

Yes

Trading Alerts :

Yes

Research and Advice / Trading Tips Research and Advice / Trading Tips :

NA

Research and Advice / Trading Tips :

No

Detailed Education Initiatives Detailed Education Initiatives :

No

Detailed Education Initiatives :

Yes

Unique features & Offers Unique features & Offers : - Unique features & Offers : -
Referral Program Referral Program :

1

Referral Program :

1

Margin Against Shares (Equity Cash) * Margin Against Shares (Equity Cash) :

No

Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity F&O) * Margin Against Shares (Equity F&O) :

No

Margin Against Shares (Equity F&O) :

Yes

Open Account Open Account

ProStocks vs Zerodha Demat Account Charges

A comparative table of various demat account charges between ProStocks and Zerodha is below:

ProStocks Zerodha
Depository Service Provider Depository Service Provider :

CDSL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

Nil

Account Opening Fee :

Rs 50 (Stamp charges payable upfront)

Advance Deposit Advance Deposit :

Lifetime Zero AMC Scheme - Rs 1000 onetime refundable deposit

Advance Deposit :

Rs 0

AMC AMC :

Nil

AMC :

Individuals/Non Individual (except Corporate) - Rs 300 + GST
Non Individual - Corporate - Rs 1000

Dematerialisation Charges Dematerialisation Charges :

Rs 50 per set up + Rs 50 courier charges

Dematerialisation Charges :

Rs 150 per certificate (+ Rs 100 Courier charges)

Rematerialisation Charges Rematerialisation Charges :

Rs 50 per set up + Rs 50 courier charges

Rematerialisation Charges :

Rs 150 per certificate + CDSL charges + Rs 100 Courier charges

Transaction Charges (Credit) Transaction Charges (Credit) : - Transaction Charges (Credit) : -
Transaction Charges (debit) Transaction Charges (debit) :

Rs 8 + Rs 5.50 (CDSL charges) per ISIN

Transaction Charges (debit) :

  • Market Trades: Rs 13.5 + GST
  • Off-Market Trades: 0.03% of Rs 25 whichever is higher + GST

Pledge Creation Charges Pledge Creation Charges :

Rs 50 per set up

Pledge Creation Charges :

Rs 30 per request + GST

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

Nil

Pledge Creation Confirmation Charges :

Rs 0

Pledge Invocation Charges Pledge Invocation Charges :

Rs 50 per set up

Pledge Invocation Charges :

Rs 20

Failed Instruction Charges Failed Instruction Charges :

Failed transactions Rs 50 per ISIN

Failed Instruction Charges :

Rs 50 per ISIN

Other Charges Other Charges : - Other Charges :

  • Cheque Bounce: Rs 350
  • Physical Statement - Rs 50 (+Courier charges at actual)
  • Modification in CML - Rs 25 per request
  • KRA Upload / Download - Rs 50 per request

Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date.

Open Account Open Account

ProStocks vs Zerodha Basic Details

ProStocks Year of Incorporation is 2016 and Total Number of Clients is 5646 and Total Number of Branches is 1 . Zerodha Year of Incorporation is 2010 and Total Number of Clients is 6513036 and Total Number of Branches is 22 .

ProStocks Zerodha
Year of Incorporation Year of Incorporation :

2016

Year of Incorporation :

2010

Active Exchange Memberships Active Exchange Memberships :

BSE, NSE

Active Exchange Memberships :

NSE, BSE, MCX and NCDEX

Demat Services Demat Services :

No

Demat Services :

No

Website Website : www.prostocks.com Website : https://zerodha.com
Contact Details Contact Details :

+91 22 62 43 43 43

Contact Details :

080-40402020

Total Number of Clients Total Number of Clients :

5,646

Total Number of Clients :

6,513,036

Total Number of Branches Total Number of Branches :

1

Total Number of Branches :

22

Products * Products :

ProStocks Mobile,Web & Desktop. BSE Best

Products :

Kite Web, Kite Mobile for Android/iOS and Coin

Open Account Open Account

ProStocks vs Zerodha Orders

Orders

ProStocks Zerodha
Cover Orders (CO) Cover Orders (CO) :

Yes

Cover Orders (CO) :

Yes

Bracket orders / One Cancels Other (BO / OCO) Bracket orders / One Cancels Other (BO / OCO) :

Yes

Bracket orders / One Cancels Other (BO / OCO) :

No

After Market Orders (AMO) After Market Orders (AMO) :

Yes

After Market Orders (AMO) :

Yes

Buy Today Sell Tomorrow (BTST) * Buy Today Sell Tomorrow (BTST) :

Yes

Buy Today Sell Tomorrow (BTST) :

Yes

Sell Today Buy Tomorrow (STBT) * Sell Today Buy Tomorrow (STBT) :

No

Sell Today Buy Tomorrow (STBT) :

No

Good Till Cancelled (GTC) * Good Till Cancelled (GTC) :

Yes

Good Till Cancelled (GTC) :

Yes

Open Account Open Account

ProStocks vs Zerodha Research and Advice / Trading Tips

Research and Advice / Trading Tips

ProStocks Zerodha
Equity Trading Recommendation * Equity Trading Recommendation :

No

Equity Trading Recommendation :

No

Equity Investment Recommendation * Equity Investment Recommendation :

No

Equity Investment Recommendation :

No

Recommendation basis risk Profile * Recommendation basis risk Profile :

No

Recommendation basis risk Profile :

No

Comparison * Comparison :

No

Comparison :

No

Free Tips * Free Tips :

No

Free Tips :

No

Daily Market report * Daily Market report :

No

Daily Market report :

No

ETF research * ETF research :

No

ETF research :

No

Quarterly Results * Quarterly Results :

No

Quarterly Results :

No

Open Account Open Account

ProStocks vs Zerodha Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

ProStocks Zerodha
Availability for franchisee / AP Availability for franchisee / AP :

NA

Availability for franchisee / AP :

Yes

Investment required for Franchisee / AP Investment required for Franchisee / AP :

NA

Investment required for Franchisee / AP :

Rs.11,000

Open Account Open Account

ProStocks vs Zerodha Product & Services

ProStocks and Zerodha both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

ProStocks Zerodha
Delivery Based Trading * Delivery Based Trading :

Yes

Delivery Based Trading :

Yes

Margin Trading * Margin Trading :

No

Margin Trading :

No

Call in Trade * Call in Trade :

Yes

Call in Trade :

Yes

Trading in Both the exchanges * Trading in Both the exchanges :

Yes

Trading in Both the exchanges :

Yes

Limit Order * Limit Order :

No

Limit Order :

Yes

3-in-1 On-line Trading Account * 3-in-1 On-line Trading Account :

No

3-in-1 On-line Trading Account :

No

NRI Services * NRI Services :

Yes

NRI Services :

Yes

SMS Alerts * SMS Alerts :

No

SMS Alerts :

No

Offers Multiple Plan * Offers Multiple Plan :

Yes

Offers Multiple Plan :

No

IPO Investment * IPO Investment :

Yes

IPO Investment :

No

Portfolio Analysis * Portfolio Analysis :

No

Portfolio Analysis :

Yes

Advanced Charting Features * Advanced Charting Features :

Yes

Advanced Charting Features :

Yes

Brokerage Calculator * Brokerage Calculator :

Yes

Brokerage Calculator :

Yes

Margin Calculator * Margin Calculator :

Yes

Margin Calculator :

Yes

Stop Loss Order * Stop Loss Order :

Yes

Stop Loss Order :

Yes

Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss :

No

Bracket Orders & Trailing Stop Loss :

Yes

Equity Future & Option Trading * Equity Future & Option Trading :

Yes

Equity Future & Option Trading :

Yes

Currency Future & Option Trading * Currency Future & Option Trading :

Yes

Currency Future & Option Trading :

Yes

Market Trading * Market Trading :

No

Market Trading :

Yes

Monthly & Yearly Plan * Monthly & Yearly Plan :

Yes

Monthly & Yearly Plan :

No

Aumtomated Trading * Aumtomated Trading :

No

Aumtomated Trading :

No

Open Account Open Account

ProStocks vs Zerodha Customer Services

ProStocks and Zerodha both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

ProStocks Zerodha
Toll Free Number * Toll Free Number :

No

Toll Free Number :

No

Live Chat Facility * Live Chat Facility :

No

Live Chat Facility :

No

Email Facility * Email Facility :

Yes

Email Facility :

Yes

Branch Offices * Branch Offices :

No

Branch Offices :

Yes

Customer Care * Customer Care :

Yes

Customer Care :

Yes

Community Service * Community Service :

No

Community Service :

Yes

Relationship Manager * Relationship Manager :

No

Relationship Manager :

No

24/7 Support * 24/7 Support : - 24/7 Support :

No

Open Account Open Account

ProStocks vs Zerodha Other Investement

ProStocks and Zerodha both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

ProStocks Zerodha
Commodity Trading * Commodity Trading :

No

Commodity Trading :

Yes

Investment in ETFs * Investment in ETFs :

Yes

Investment in ETFs :

Yes

Investment in Mutual Funds * Investment in Mutual Funds :

No

Investment in Mutual Funds :

Yes

Investment in Bonds * Investment in Bonds :

No

Investment in Bonds :

No

Investment in Corporate Debt instruments * Investment in Corporate Debt instruments :

No

Investment in Corporate Debt instruments :

No

Insurance Services * Insurance Services :

No

Insurance Services :

No

Banking Services * Banking Services :

No

Banking Services :

No

Open Account Open Account

ProStocks vs Zerodha Trading Platform

ProStocks and Zerodha both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

ProStocks Zerodha
Web Platform * Web Platform :

Yes

Web Platform :

Yes

Android Mobile App * Android Mobile App :

Yes

Android Mobile App :

Yes

Desktop Windows * Desktop Windows :

Yes

Desktop Windows :

Yes

Desktop Mac * Desktop Mac :

No

Desktop Mac :

No

I-Pad App * I-Pad App :

Yes

I-Pad App :

Yes

Virtual Trading * Virtual Trading :

No

Virtual Trading :

No

iPhone Mobile App * iPhone Mobile App :

Yes

iPhone Mobile App :

Yes

Contact Now
Open Account Open Account

User Reviews

Post New Message
0  Comments
- - -   Compare More Brokers   - - -